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Cholamandalam MS General Insurance Renewal Manager salaries in India

Annual salary range
5 - 9 years exp.
₹5.7 Lakhs - ₹12 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Renewal Manager Salary at Cholamandalam MS General Insurance ranges between ₹5.7 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries... Read more

32% more than the average Renewal Manager Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 25 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Renewal Manager

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Cholamandalam MS General Insurance Renewal Manager salaries by

Years of experience Avg. annual salary
5 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
7 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
8 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹12 L/yr

Similar Designation Salaries at Cholamandalam MS General Insurance

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₹5 L/yr - ₹13.3 L/yr

Sales Manager Salary
(203 salaries)
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₹2 L/yr - ₹6 L/yr

Store Manager Salary
(AmbitionBox Estimate)
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₹25 L/yr - ₹32 L/yr

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₹2.8 L/yr - ₹8 L/yr

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₹1.2 L/yr - ₹9 L/yr

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₹2.3 L/yr - ₹6.3 L/yr

Team Lead Salary
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₹1.8 L/yr - ₹10.5 L/yr

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₹3.5 L/yr - ₹8.4 L/yr

Analyst Salary
(AmbitionBox Estimate)
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₹12.1 L/yr - ₹15.4 L/yr

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₹2.3 L/yr - ₹5.3 L/yr

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1w
a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?
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Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

1.0
  •  updated on 07 Aug 2023

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary...

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BFSI, Investments & Trading Department

3.0
  •  updated on 15 Feb 2022

3.0
 for  Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary....

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Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and l...

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Operations Department

2.0
  •  updated on 10 Jun 2019

2.0
 for  Salary and Benefits

Likes

Good working environment and. Supportive superiors

Dislikes

Pay scale is too low and proper training will not be provided. Will get very little exposure...

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Customer Success, Service & Operations Department

4.0
  •  updated on 15 May 2025

4.0
 for  Salary and Benefits

Likes

Get salary on time Flexible duty hour's

Dislikes

Only 1 men is there for back office support. Sales manager visit branch for 1-2 times in a month. Wo...

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BFSI, Investments & Trading Department

5.0
  •  updated on 20 Nov 2024

3.0
 for  Salary and Benefits

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Good company. Having Employee friendly. Happy to work here...

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Only In company promotion you can't get salary hike as you deserved . Some of the points you...

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Cholamandalam MS General Insurance Renewal Manager Salary FAQs

What is the salary of Renewal Manager at Cholamandalam MS General Insurance ?
The average salary of a Renewal Manager at Cholamandalam MS General Insurance in India typically ranges from ₹5.7 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Renewal Manager at Cholamandalam MS General Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Renewal Manager Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Renewal Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Renewal Manager at Cholamandalam MS General Insurance in India typically ranges from ₹68,608 to ₹70,368 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Renewal Manager in India?
Automation Anywhere ₹29.1 Lakhs to ₹52.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
What is the salary of a Renewal Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Renewal Manager at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Liberty General Insurance ₹3.8 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹3.2 Lakhs per year
ManipalCigna Health Insurance ₹1.5 Lakhs to ₹3.0 Lakhs per year
Care Health Insurance ₹1.9 Lakhs to ₹4.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Renewal Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Renewal Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Renewal Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
5 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
6 years ₹7.3 Lakhs to ₹9.3 Lakhs per year
7 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
8 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
and so on.

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Cholamandalam MS General Insurance Renewal Manager salary in India ranges between ₹5.7 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.